Mike's 203k Blog

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Home Inspector - 203kOnLine.com, covering the USA - S0289
203k loans, the hottest renovation loan product on the market. Offering quick closings on homes that require repairs.

ARCHIVED BLOG POSTS

2011 

Anyone looking for a FREE house? I found one yesterday in Dixon. A big house too.  does it need work, of course but it is FREE if you move it to your site. This can be done with the FHA 203k loan program, not a Streamlined k however. This would be a Full 203k loan. This is "perfect for a 203k" an...
02/27/2011
I was sitting in a class at Solano College earlier this week when the attendees were introducing themselves and was very happily surprized to meet a young entreprenuer who has a restaurant and catering company in Vacaville, CA by the name of "Hand Me A Rib". Years ago my youngest brother Patrick,...
02/26/2011
Well we had a nice meeting last night. A borrower and investor learned that he can use the FHA 203k to purchase the home is wants to live in and that he can now get easy financing on his investment properties and a second home if he likes using the FannieMae Homestyle Renovation loan product. Our...
02/24/2011
I don't really like writing about the nightmares but most are not, and most go very smoothly. Maybe by taking about a nightmare 203k loan we can shed some light on the subject and keep someone else from falling into that trap. Let's give it a try. 1) Finding a reliable contractor - we quite often...
02/21/2011
I met some of the nicest people in Santa Cruz a few weeks ago and they are now doing the Full 203k and the Streamlined k from Santa Cruz south to include Salinas, Watsonville, Capitola, Aptos, etc and down as far as Monterey as I understand it. It is always good to see more good people who have a...
02/15/2011
I love these little towns that no one has heard of, I'm sure many have, just not me. It is on the way to Santa Barbara of course and I'll be actually seeing it for the fist tie tomorrow. We have a great project there that we will tell you more  about as we move it along. Tomorrow is the first vis...
02/14/2011
Ultimately your lender must approve the consultant.  We get quite a few loan leads and send them to the lenders who use us of coures. It insures some loyalty and it completes the circle. The borrower quite often doesn't pruchase a house every day so they need a consultant to guide them through th...
02/13/2011
4 Comments
It will never cease to amaze me how few people have even heard of the FHA 203k loan program. It also makes me wonder how they have been in business do long and NOT known about it. Then you have those who know absolutely nothing about it and tell everyone else it is a bad thing... loll Yes, there ...
02/12/2011
Anyone interested in knowing more about the FHA 203k loan program and how to use this tool more effectievely we are having an event February 16th, in Sacramento - Natomas Area, at the 4-Points Sheratin 4900 Duckhorn Drive next week on Wednesday 2/16/2011 with Daniel Posehn hosting of Wells Fargo ...
02/11/2011
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Mike Young

FHA 203k Consultant 916-758-1809
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